A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of the year $ 145,000 $ 62,162 End of the year 185,500 75,128 Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business, but dividends were $1,150 cash per month. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. Dividends were $1,150 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. Determine net income or net loss for the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.)